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GOP rebels switch vote to Johnson after Trump’s 11th hour calls, pushing him over the finish line

President-elect Trump appears to have helped Speaker Mike Johnson, R-La., avoid a messy, drawn-out fight to lead the House of Representatives. Trump…

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Latest News

Mike Johnson re-elected speaker: Here were the top three moments of the dramatic vote

House Speaker Mike Johnson, R-La., narrowly held onto the gavel in a nail-biter vote on Friday afternoon.  Republicans eager to swear in…

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House votes for rules to make ousting a speaker more difficult

The House of Representatives has adopted new rules that would make it harder to trigger a vote to oust a speaker. House…

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Trump slams Merchan, Democrats, who ‘just want to see if they can get a pound of flesh’ amid failed cases

: President-elect Donald Trump slammed Judge Juan Merchan for denying his request to dismiss the charges against him in New York v….

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Economy

Microsoft plans to spend $80 billion on AI-enabled data centers in fiscal 2025

(Reuters) -Microsoft is planning to spend $80 billion in fiscal 2025 on the construction of data centers to train artificial intelligence (AI)…

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Economy

Fed policy may need to stay restrictive for longer due to inflation risk, Barkin says

By Howard Schneider BALTIMORE (Reuters) -The U.S. central bank’s benchmark policy rate should stay restrictive until it is more certain that inflation…

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Economy

Fed’s Barkin sees positive outlook for U.S. economy despite policy uncertainties

Investing.com — The U.S. economy is expected to grow more than it shrinks in 2025, despite uncertainties about the impact of trade…

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Economy

Fed’s Kugler says data will drive Fed policy choices amid uncertainty

By Michael S. Derby (Reuters) – Federal Reserve Governor Adriana Kugler said on Friday the U.S. central bank is uncertain about what…

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Economy

Hong Kong budget deficit to be just under HK$100 billion, financial chief says

HONG KONG (Reuters) – Hong Kong’s deficit for this fiscal year is expected to be just below HK$100 billion ($13 billion), the…

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Stock

Tick Tock for TikTok? Chinese social media titan faces race against time and Trump

Investing.com — TikTok’s fight to overturn a looming U.S. ban faces a tight deadline, with oral arguments scheduled for January 10, just nine…

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